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14018 Arcadia Road NE

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

Albuquerque, NM 87123

Asset Class

Real Estate

Asset Type

Vacation Rental

Asset Abbreviation

14018-Arcadia-Road-NE_Albuquerque-NM-87123

Asset Fraction Price

$ 43.42

Asset Fraction Yield

2.28%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 43.42

Asset Fraction Sale End Date

Asset
Valuation

$ 917,600

Category

Description

Albuquerque, the largest city in New Mexico, is renowned for its rich cultural heritage, diverse population, and unique southwestern charm. Founded in 1706 as a Spanish colonial outpost, it sits in the high desert along the Rio Grande, offering a semi-arid climate with hot summers and mild winters. The city's cultural tapestry is woven from Native American, Hispanic, and Anglo influences, reflected in its festivals, architecture, and vibrant arts scene. Albuquerque's economy thrives on technology, healthcare, education, and tourism, with key institutions like the University of New Mexico and Sandia National Laboratories. Notable attractions include the historic Old Town, the annual Albuquerque International Balloon Fiesta, and the scenic Sandia Mountains, providing abundant opportunities for outdoor activities and exploration.

Features

•  6 bedrooms, 6 bathrooms, 4300 sqft house
•  Sleeps 21 people with 14 beds
•  Has a pool with waterfalls
•  Game room with ping-pong
•  Cornhole game on the back patio
•  New Mexican style design with adobe, red brick floors, and wood beam ceilings
•  Located near downtown Albuquerque and close to I-40 highway
•  Fully furnished, furniture cost included
•  Utilities include cleaning, electricity, water, gas, internet, pool cleaning, and more
•  Managed by Airbnb Superhosts Tristan Huerta and Madison Cason
•  Property has a loan of $525,718.53
•  Short-term rental listed on Airbnb
•  “A-” rating for the zip code area
•  Near Sandia Peak Ski Area (just 15 min drive) which recently reopened and may increase bookings
•  Owner offers credit for new roof and pool resurfacing when needed
•  Repairs and cleaning issues resolved with new cleaning crew
•  Detailed financial and booking statements available

Details

Asset Platform URL

https://www.lofty.ai/

Asset Location

United States

Regulatory Jurisdiction

Albuquerque, NM 87123

Asset Fraction Type

Security Tokens

Asset Standard

N/A

Blockchain Network

N/A

Total Asset Fraction Supply

18,352 tokens

Asset Fraction Sale Allocation

325 tokens

Total Asset Fractions Sold (So Far)

7,675 tokens

Max. Investment Size

N/A

Asset Fraction Sale Start Date

July 22, 2024

Assesment/Rating Provider

Assesment/Rating

Assessment/Rating Proof

Asset Insurance

Financial Statements

Financial Audits

Asset Valuation

$ 917,600

Asset Valuation Documentation

Asset Ownership Structure

Company Registration

License or Regulatory Framework

Smart Contract

Smart Contract Audit

Whitepaper

Relevant External Links

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